Led by Tesla, US EV prices dropped by 13% year-over-year in February
Baua Electric
MARCH 11, 2024
EV prices dropped by nearly 13% year-over-year in February, led in part by Tesla Model 3 and Model Y price drops, reports Kelley Blue Book. EV transaction prices in February were lower year-over-year by 12.8%, an accelerating decline compared to January, when prices were lower year-over-year by 11.6%.
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